Posted on 06/18/2017 12:10:52 PM PDT by lowbridge
A new bill seeks to track your money and assets incessantly, will enjoin any business with government ties to act as a de facto arm of DHS, and would steal all of your assets — including Bitcoin and other cryptocurrencies — should you fail to report funds when traveling with over $10,000.
Under the guise of combating money laundering, Senate Bill 1241, “Combating Money Laundering, Terrorist Financing, and Counterfeiting Act of 2017,” ramps up regulation of digital currency and other autocratic financial controls in an attempt to ensure none of your assets can escape one of the State’s most nefarious, despised powers: civil asset forfeiture.
All of this under the farcically broad umbrella of fighting terrorism.
Civil forfeiture grants the government robbery writ large: your cash, property, and assets can be stolen completely sansdue process, your guilt — frequently pertaining to drug ‘crimes’ — matters not.
A court verdict of not guilty doesn’t even guarantee the return of State-thefted property.
In fact, the government can seize virtually whatever it wants if it so much as suspects some of your assets might have been acquired through or used in the commission of even lesser crimes.
(Excerpt) Read more at thefreethoughtproject.com ...
The government should have no control of citizens’ money. It shouldn’t know how much we make. That was a fatal mistake.
Trump could always veto and become even more popular.
Again our so called conservatives on this board flip out and trash Trump and republicans instead of using Google to find out if what was posted was fake news or bs or both.
Rand Paul has taken a stance against this.
So has Congressman Tim Walberg as per the article below.
http://walbergforcongress.com/news/rep-tim-walberg-introduces-bill-curb-asset-forfeiture-abuse
The is only one "correct" response to this common criminal inclination of the "ruling" Class.
Make a note of the name of the sponsor of the law.
Add the elected criminals who support and vote for the law to the list.
Keep the list is a safe place, find it at election time.
Not only encourage other to vote, but why.
The simplest explanation : The road to hell is paved with ..."
If the friend is unable to complete the truism, get new friends.
I feel compelled to note again the most egregious *itch in government, Dianne Sweistein...
Her favorite, arrogant delusional response to any constituent grievance,
"IT'S THE LAW!!!
DEAL WITH IT!!
My disgust for that animal is limitless
“What about the money under my mattress??”
That’s covered under section 454354/13e4r5ttr4455:
“Sub-Sleep Device monetary storage and Forfeit” clause.
My view of the two parties is that the Democrats want to be totally socialist by Monday afternoon. The Republicans say “be patient, Friday morning is soon enough”.
Two sides of the same damn coin.
This gives our totalitarian government the legal aegis to destroy crypto currencies. Because Bitcoin can be theoretically taken anywhere and is with you as you travel, those with over 10k in Bitcoin can be surveilled, prosecuted, and have their assets seized if these assets are not disclosed to customs or or designated Federal agents. With quantum computing, central governments (or their proxies and contractors) will actually be able to break crypto currency encryption and seize assets with a few clicks.
Bitcoin is worthless if you can’t maintain privacy and security.
PMs and other physical assets with a store of value are the only realistic options.
Yep.
PING!!!
Article and comments,
SB1241 was introduced by Sen. Chuck Grassley (GOPe, Iowa)
Link at #18 and more info at #61
Thanks, lowbridge
Grassley is a conservative Republican like I’m a Sports Illustrated swimsuit model.
Time to get rid of this federal government before it finds a way to destroy us. Too much power in too few hands with bad intentions.
SCREW contacting congress contact Trump directly through the White House!!!!
when you really think about it, what do we own free and clear?...they track all of our investments, savings accounts, etc..
the govt owns your house no matter if your sweat and tears built it and paid for it....we're only renting it...
but then they work on underhanded legislation...
then they claim they can't do "anything" about important issues..
I remember when we had $10,000 bills. We had 500, 1,000 and 10,000 denominations in paper currency. Many years ago, in Las Vegas, I say a display of $1,000,000 in a window at a casino, all in $10,000 bills.
And that was when a million dollars was a lot of money!
“it didn’t take the moslem animals to do this..the elite oligarchy just use them as an excuse...”
Ding.
So what you’re saying is the elite oligarchy actually LIKES terrorist attacks because it allows them to further their agenda.
Very good, Grasshopper.
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